Property

Newark, NJ 07108 14-16 Hazel Place

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Presented By: Jorge Velasquez with RE/MAX Professionals 1 - 973-450-4000
  • MLS# 26007239
  • 03/05/2026
  • Request Tour
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  • Beds • 8
  • Baths • 4

Home Details

Fully renovated 2025 four-family income-producing property located at 14-16 Hazel Pl in Newark, NJ. This turnkey asset offers strong upside rental income potential in a high-demand Essex County rental market. The building features updated kitchens, modern bathrooms, contemporary finishes, and spacious layouts throughout. Separate utilities provide operational efficiency and added value for investors. Current rents allow for significant future income growth, creating an excellent value-add opportunity with long-term appreciation potential. Property also includes a large, clean, finished basement offering additional usable space for storage or common area use. Conveniently located near public transportation, major highways, shopping, and local amenities. Rare opportunity to acquire a renovated 4-unit building with strong cash flow potential in an established Newark rental corridor.
Presented By: Jorge Velasquez with RE/MAX Professionals 1 - 973-450-4000

Interior Features for 14-16 Hazel Place

Bedrooms

Total Bedrooms8

Bathrooms

Half Baths0
Total Baths4

Other Interior Features

Heating Y/NNo
Laundry FeaturesNone

General for 14-16 Hazel Place

Architectural Style4 Family
CityNewark
CountyESSEX
DisclosuresSeller's Agent, Seller Disclosure - Yes
Full Baths4
HOANo
Lease Considered Y/NNo
MLS Area Minor400
Property Sub Type AdditionalOther
Property Type2-4 Family
RoomsNone
Standard StatusActive
StatusActive - Active
Tax Annual Amount10797.0
Total Rooms12
UtilitiesElectricity Connected, Natural Gas Connected, Sep Heat
Year Built Details1900-1939, Build Prior to 1978

Additional Details

Price History

Tina Torres

Broker/Owner
Price $899,900
MLS#26007239
List Date 03/05/2026
Property Type Multi-Family
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